Intermediary News

Rate update for Home Purchase Plans and Buy-To-Let products

We’ve increased rental rates across our Home Purchase Plan (HPP) and Buy-to-Let (BTL) products with effect from today. The rate change applies to products for both new and existing customers.

The following new rates apply:

Home Purchase Plans:

  • UK resident HPP: fixed rental rates starting at 6.05%
  • Expat HPP: 2-year fixed rental rates starting at 6.54%
  • International Resident HPP: 2-year fixed rental rates starting at 6.74%

Buy-to-Let:

  • UK resident BTL: fixed rental rates starting at 3.84%
  • Expat BTL: 2-year fixed rental rates starting at 5.20%
  • International Resident BTL: 2-year fixed rental rates starting at 5.21%

View our full product range here.

***Don’t forget – UK payment account now available for your customers***

Your customers can also apply for a UK payment account with Algbra as part of their Buy-to-Let application - all in one place, with no extra steps.

Need a refresher? We've got guides to help:

Intermediary information guide - includes a step-by-step guide and key details

Customer information guide - ready to share with your customers.

As always, if you have any questions or need any additional information, your Gatehouse Bank Business Development Manager is here to help .

Thanks for your continued support. We hope these changes make a real difference to your customers.